Collier Street, Manchester, Greater Manchester, M3
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
2
- SIZE
657 sq ft
61 sq m
Key features
- Buy to let property investment
- Current long term tenants in place
- Fantastic city centre location
- Walking distance to all Manchester amenities
- Gross yield of 8.33%
- Train and tram stop locally
Description
Asking Price: £180,000
Rental Income: £1,250 PCM (£15,000 per annum)
Property Overview
An exceptional 2-bedroom, 2-bathroom apartment located on the 2nd floor of a modern development in the heart of Manchester. Ideal for investors seeking a high-demand rental property with solid, predictable returns.
This well-appointed flat features:
* 2 spacious bedrooms
* 2 bathrooms (including 1 ensuite)
* Open-plan kitchen/living area
* Modern fixtures and fittings throughout
* Secure entry and lift access
Investment Highlights
Gross Yield: 8.33%
Net Yield: 6.07%
Taking into account annual costs:
* Ground Rent: £150
* Service Charges: £2,740 (£685 per quarter)
* Total Annual Costs: £2,890
* Net Income: £12,110
* Net Yield: 6.07%
Lease Details
* Tenure: Leasehold (approx. 132 years remaining)
* Ground Rent: £150 per annum
* Service Charge: £685 per quarter
Location Benefits
Situated in the vibrant Manchester M3 area, 7 Collier Street benefits from:
* Proximity to Spinningfields and Deansgate
* Excellent transport links, including nearby tram and rail stations
* High rental demand from professionals and young families
* Close to universities, business districts, and cultural hotspots
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Collier Street, Manchester, Greater Manchester, M3
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Visit our security centre to find out moreDisclaimer - Property reference Collier-Street-Manchester. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pure, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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